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that the government wastes a lot of money. people are upset every time they hear of a tax increase . people right now should know that the government spent hundreds of billions wasted on war. try to give them more and the issue of waste is a huge issue . it needs to be -- >> the good congressman said they waste a lot of money in dc but give them more because they need it. >> that's the problem. in the state of california. two percent of the top earners may paying half of the state taxes. half of california is paying no taxes at all . they are griping about the raise in taxes the most. jerry brown is cheering on mediocritty and chase guys like phil mickleson. when you chase those top earners out of the state. they are no longer buying . the cost of raising taxes is a killer on the state that bankrupt. >> good choice. >> anybody remember that we have a big old national debt and the feds just crossed three trillion. no one knows how to balance a checkbook in washington d.c.. i am so sick and tired of them taking more of my money and barely make it on a week to week basis . we have nothing to show for it
benefit guarantee corporation, a government agency, and it sounds like your pension is guaranteed. in fact, it's right in their name, but guess what, it's not guaranteed. it's a bloated group losing billions of dollars each and every year, and it looks like they need a taxpayer bailout if things do not change, and soon, but back to you. if yourmployer goes under, they dump the pension on to the government agency, but the rules changed, and depending upon how much you are owed, you may just get very small portion of it. crepts on the dollar. ask the employees of pilots from united or delta who get just a small portion of what they were promised, so don't believe the name or the guarantee. promises made to you may be broken, and i don't want you snick snickered -- snickered by the misleading name of this agency. melissa? melissa: thanks, see his show this weekend on saturday and sunday. also, be sure to catch my exclusive interview with illinois state treasurer on monday. he's going to come on to take about illinois' lowers credit rating. a big story monday, 1 p.m. eastern here on f
devore author of the texas model saying that texas governs better. matt welch also moved from california by your magazine still based their? why is reason magazine in the horrible state? >> that is where we have spent since 1971 and it gets us outside of the beltway thinking but it is a challenge to be there. and you are right it is a new thing in california will space retract immigrants. john: but the movie industry and stuff is happening. >> california has silicon valley, hollywood, a biotech but you cannot live off that narrow band of industry forever. because of high taxes, regulation, and healthy lawsuits, government spending people are leaving. john: great davis in the '90s said we have all of this cash from the.com boom. >> he spent that cash on public sector pension promises and general spending to everybody even austerity spending has gone up. john: beyond population growth. global warning -- warming measure. >> high-speed rail that nobody wants. john: even "the terminator" the republican and i thought here is a politician quoting milton friedman. what happened? >> he enacted th
the federal government to come in. john: that is our show tonight. >> and now john stossel. ♪ john: to was that guy? anyway, this monday our nation's capital looked like a marquee when a new king is ground. thousands of plot, a cheer. many act like subjects worshiping nobility. economic troubles, why all the pomp? watching, i wondered, should our capital be called imperial washington? maybe ago to far. senator john barrasso attended the inauguration joining us from washington. my imperial washington seems to be a minority opinion. in my being unfair? >> i have been to every inauguration since i was in my dad took me to john kennedy's inauguration this inauguration, i tell you, i am less concerned about what happens one day than i am concerned about what this president plans to do for the next four years as an imperial president with rules and regulations and red tape and the czars, the recess appointments rather than actually realizing this is one of three branches of government. at think he believes he is the king. john: you talk about your father bringing you to these inauguratio
, brenda, finally, maybe, a little tamp down on government overreach, you know, in obama's inauguration speech, it was all about growing government even bigger than it already is. and the problem is, when government grows, the private sector suffers. and if you say, well, who cares where the money goes, the problem is government growth is always less inefficient than private sector growth and this is one step toward hopefully allowing the private sector to grow, tamping down on unions which i think have hurt many, many, many industries, despite the higher wages. in the union you have higher wages until you lose your job, and i think this is a step forward, this is progress, what needs to be done. >> brenda: you know, jonas, toby brought up a good point. which is that union membership has been declining for decades, record lows right now. so, what difference does all of this make? the unions don't have as much power. does this make all that much difference to jobs? >> i'll go off what the guest just said. if this were true the unemployment rate wouldn't be so high right now. the union ra
it on government spending cuts and stories like this. bus tires are slashhed and disabled kids are stranded in the middle of the union driver strike should unions be blaming themselves? i am dave asbin. welcome to forbes on fox. steve, and elizabeth and rick and mike and bill. steve, who do unions have to blame for >> the public sector salaries are unaffordable . private sector, people are find figure you want real growth, you can't be strangle in the work rules. in chicago, unions made a few concessions because conventions are saying we'll not come and can't get anything done. >> there is a sense that the unions care more about the political power than jobs. look at what happened to boeing 747 and twinkies . american airlines. they went bankrupt. >> i will not deny that unions haven't played a roll in shooting themselves in the foot. they did to some deagree. you do find that 50 percent of it was due to anticollective bargaining agreements that we are seeing in the states . right to work legislation . these things are taking a toll. we are seeing the thing that is unions spent so many year
think as much as government intervention will change some violence to a agree, economic circles change it more. >> specifically, groupon, that was about training for handguns, people that had the guns, training for them. that's not something we want to encourage, want to say that's a good thing? training. lou: first amendment, freedom of expression. thank you, all. if we can't vote on it, i support all of the above. thank you very much. thank you for your comments. i just want to quickly say when you have, according to sal, most of the news outlets in the back pocket, it hardly matters what your approval ratings are. well, all the worst other than two presidents in modern history. that's all for us tonight. good night from new york. thanks for being with us. neil: $4 billion says you'll find the word "deficit" once, and the word "debt" not at all. more than 24 hours after the speech, $4 million says try as you might to search what the president said, you won't find the words or the will. my friends, the problem is not the fault of the president who doesn't see the four million bucks ad
is when the boomers turn 67 when they start getting sick and drawing down on the government's health benefit programs. what do you think about that? >> right. well, look, this is a president that's completely wedded to the social welfare state of the 20th century, looking to advantage the agenda as far as into the 21st century as possible. this is a president who nationalized our health care system, and as bob noted, trying to take that agenda to energy policy and climate change. we've seen it already, manufacturing the whole idea of green energy jobs, and in effect, trying to get rid of traditional energy. i think that we have to be very aware of what's happening here. i think there was a lot of fancy language used in the inaugural address, but the fact is that that doesn't cover up what's really going on here, which is to grow the progressive state. liz: let me back up, listen, we've. covering this issue for awhile now with fox news and fox business, and here's the issue. will the u.s. start looking like a mature european country? is the u.s. coming towards, you know, sort of an id
, but they do it. they are. lying somehow acts of government and spending can somehow control our government to the climate we want. he said we could do something about floods and hurricanes and droughts, now the power of the ballot box extends to controlling the weather. neil: do you feel this speaks to urgency of doing something about this, what do you think? >> if you accept the united nations and al gore's view, doing, whatever they propose, would have no impact according to their figures. so it is an exercise in futility even if you believe it. the kyoto protocol. the grand-daddy of all climate treaties, which canada has just pulled out of. if that were fully ratified and enforced, it would not have a impact on global warming according to global warming activists figures, the same with u.s., cap and trade bill, obama saying it would have made our planet 4 to 5 degrees cooler. meanwhile epa was forced to say it would not affect the levels, the idea we could do something does nat bear out, only we forward to through technology, we're watching it with fracking, u.s. is down 2007 levels of
that the president was going to slow down on some government initiatives, think again. we will get into the details in the second. here is how it was received across the globe. u.s. futures are up about 19 points. similar gains in the s&p 500 and nasdaq. the nasdaq. the first two are already at five year highs. the nasdaq is a long way from that. it has more to do with their currency, the nikkei is up. less to do with the inauguration of barack obama today. but perhaps it was something that would get in the way of some of the good economic fortunes they see downwind. the markets little dissuaded by anything that happened today. despite concerns that republicans feel that they are going to get the short of the stick -- short end of the stick from the president. chuck schumer is the latest essay, to say, as you know, if it comes to another budget that will be stressful, republicans may not like it, but they will have to deal with it. i will have more on the attitude in the approach of the president. i didn't see anything shocking or the president. he is kind of echoing what he already has said. maybe
money in my money? it makes economic sense. this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and back, this green growth alliance has members like the world bank, deutsche bank, any number, ge can hsbc as members. these big companies who went to up the bus in their expensive airlines to my drinking champagne, and they're telling us what to do with our taxpayer dollars. it just makes me angry, and i think what is the fairness and that? >> there is no fairness. and it is something, the occupy wall street and the partnership agreement among corporate welfare. these huge companies are really pigs at the trough when it comes to a taxpayer money, and does not matter how big or small the company. there is money to be had these companies goi
and drawing down on the government's health benefit programs. what do you think about that? >> right. well, look this is a president that's completely wedded to the social welfare state of the 20th century, looking to advantage the agenda as far as into the 21st century as possible. this is a president who nationalized our health care system, and as bob noted, trying to take that agenda to energy policy and climate change. we've seen it already manufacturing the whole idea of green energy jobs, and in effect, trying to get rid of traditional energy. i think that we have to be very aware of what's happening here. i think there was a lot of fancy language used in the inaugural address, but the fact is that that doesn't cover up what's really going on here, which is to grow the progressive state. liz: let me back up listen, we've. covering this issue for awhile now with fox news and fox business, and here's the issue. will the u.s. start looking like a mature european country? is the u.s. coming towards you know, sort of an i
the liberal concept of more government taking campaign style jabs at his political opponents all the while. >> progress is not compel us to settle, century's long debates about the role of government for all time, but it does require us to act in our time. [applause] for now, decisions are upon us. we can want afford delay. we can want mistake absolutism for principle. substitute speck tack kl for politics or treat name calling for reasoned debate. [applause] we must act. we must act knowing that our work will be unperfect. we must act knowing that today's victoryings will -- victories are only partial. lou: the president sounded like he was checking off a list touching a widearray of concepts and goals. the president vowing to take up climate change after ignoring the subject for the past five years and promising to continue the purr institute of alternative energy after highly public failures. the president showed support for voting blocked that helped gain relexes, support for immigration reform and gay rights. mention of entitlements was followed by a campaign-style dig at his former o
that they almost have to move were also much of their income is going to go to the government. gerri: us take a look at those numbers. his state tax will go to a 13%. that is a state income tax which means he will pay an additional 2 million in taxes. that doesn't even include the federal increase in taxes that we talk so much about the end of last year which would go to a 39 and a half%. this is a fella who has a net worth of 150 million, making money every single year. he will have a very big tax tab. >> absolutely. >> absolutely commit to the point where he is probably going to have to either move to another state income-tax state or have to move to the caribbean or move out of the estates. gerri: what is that? >> essentially, any place where an athlete place, within their jurisdiction they have to file taxes. so across all sports respectively they have to file in the state where they actually play in the game. any type of income that they receive based of their contract they have to file. the government wants their money. gerri: you were mentioning where he might go. take a look at the hi
jobs. without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the exisnce of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government meansfor com. bill see you monday. ♪ ♪ gerri: hello, everybody. i'm gerri willis. more taxpayer waste from the obama administration. you're not surprised. a new report says millions of dollars for great energy and the 2009 stimulus package went to foreign companies. with more on this and, senior political columnist for the washington examiner. it's great to see you again, as always. i mean, look at the dollars and sincere. 16 billion for the green energy program. one out of $4 went to foreign compa
the u.s. should be governed and should govern itself. i would almost characterize it as something along the lines of a response to what we heard from president reagan in 1981 when he said government is not the solution to our problems, it is the problem. president obama making the case that the government is not necessarily our problem. together we could do great things. together we could take care of the elderly. together we can create a health care system for those who may not be able to afford it. very much discussing ways about how there should be some in society you don't have all or should not be some in society you have all at the expense of all others. he made and not to climate change, something that he had not necessarily highlighted or focused on in his first demonstration. moving forward in tackling debt and deficits, he did talk about tax reform. talk about slowing the growth of these expenses, but still no change in his governing philosophy, if not impassioned defense of his governing philosophy. we have heard from democrats and republicans not throughout the day calling f
changing the laws left and right. >> they want the government to take care of people. >> we use to get rabbit and some other things. stuart: your honor, my child excluded from the cafeteria. poisoned and school. give me a million dollars. >> all i grew up with was peanut butter and jelly sandwiches and school. >> peanut butter and jelly is the best sand -- sandwich. stuart: i was surprised. >> they owe you money. sue them. stuart: dagen and, oh, it is yours. dagen: on american. connell: i love peanut butter, myself. good morning, everybody. dagen: what will the president do to get america back to work. connell: president obama was unable to talk these guys. more importantly, can we keep this up? dagen: a key to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the past nine weeks. the dow trading as high as 13,682 prior to pulling back here into negative territory. we are seeing mu
: the problem with that statement is that this government has negotiated with terrorists. our government has been engaged in talks with the taliban and afghanistan since early 2009. the same group that has been a safe haven in the immediate aftermath of september 11th. documents found in the abbottabad compound the lion was killed proving a close working relationship between the two. the same group that is also responsible for a large portion of the 2200 american soldiers killed in afghanistan since 2001. not to mention the palestinian liberation organization the designation changed after we helped negotiate the deal. meanwhile, secretary of state hillary clinton chose her words carefully, while suggesting that the algerian government could use a hand in the battle in that region. >> it absolutely essential that we broaden and deepen our counter-terrorism cooperation going forward with algeria and all countries of the region. i make clear to the prime minister that we stand ready to further enhance the counter-terrorism support that we already provide. lou: the situation on the ground in al
: it is government spending that just won't die. albrecht on a little-known program that congress can't seem to cut in 60 seconds. ♪ ♪ gerri: when it comes to cutting the purse strings, nobody, nobody is worst in congress. i mean nobody. case in point, an obscure program called the christopher columbus foundation, the program offering cash reward for research in the fields of agricultural science and biology. even runs a competition for middle schoolers to use science to solve local problems. they send the kids, the winners to walt disney will for a week. sounds nice except for the fact that there are other federal programs that do the exact same thing like one run by the army that rewards innovative metals coolest with a trip to washington. look, not only is the program redundant and something probably last to the private sector, but it is the government's spending no licking killed. have tried to get rid of the 450,000 of program, but nobody can make it happen. three republicans have introduced legislation to end it , no dice. even the president has tried to end it. in his official budget pro
.c. beltway and was pretty adamant the fiscal cliff was not armageddon and our government is becoming less dysfunctional. you got get the worries in the rear view mirror and people look what is going well. housing recovery is real. auto situation is strong. david: let me hold you on housing for a second, jeff. we had a pullback on prices. we had a tremendous run-up in 2012 in the price of housing. were you worried at all on the prices today? >> not really because if you drill down into the numbers, beneath the surface numbers are really not all that bad. i'm here in real estate central in st. petersburg, clear water, tampa, the housing recovery is real. you're seeing spec homes built and they're trading hands. sandra: get to your individual picks. there are certain stocks you like. you tend to favor the cyclical sectors. i'm seeing names like hewlett-packard, intel, mosaic, general motors to. tell us about your picks. >> those are the last four we put on. we're basically set up with cyclical companies that range from things like general motors, hewlett-packard, intel and technology, techno
nd, the day after the most liberal, all-government, all the time inauguration speech in memory. "varney & company" is about to begin. you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> golfer phil michelson went on a rant about taxes this week and now he wants a mulligan, backtracking from comments suggesting that he quote, may take the drastic step of leaving california. now apologizing for making the personal matter public and to all of the people he upset or insulted. here is part of the ap
elected makes a huge difference. and oversight is a responsibility, there are branches of government, as the early founders said, if men were angels we would need no laws. but there is a series of checks and balances. we've not been able toa. accomplish that. i have asked the secretary about has al qaeda been decimated. which has been the talking point all through the campaign by the president,. her answer of core al queda has been decimated. the group in afghanistan but now they are spread. lou: it might be that is -- if you will, an equivlens of what you mean by al qaeda. your definition there of. senator great to have with you us, thank you so much. >> thank you. lou: much more on secretary clinton's benghazi testimony today with the a-team, coming up next. >> meet the founder of think thin, former super model, small business owner and health food entrepreneur, liz ann and her success of the economy and california. >> social media goes after the second amendment, groupon leaving gunshot owners up in arms. one of them fighting back is michael carr gill, next. this is america. we
governments. they cut roughly 700,000 jobs m i think that's the principle reason why in the public sector it declined, but, alsoing i think you'll see an inceasing understanding by american citizens that collective bargaining doesn't really make a lot of sense in the public sector. i mean, here you have unions using their money and power to elect officials, and then they sit down with the state and local officials to negotiate a collective bargaining package. it doesn't work. melissa: why doesn't it work? >> because they get too much. they get wages, benefits, and pension plans that the state and local governments can't afford. melissa: still, unions, i mean that's not a reason for dropping from the union. you like the idea they get me great benefits that looks good. i don't think a lot of people believe down the road the reality of it is they will not actually receive that money and those benefits because the tax base doesn't support it. do people realize that and realize unions are not working in their best interests in i don't think so. >> no, i think that's a god point, but what was r
for this. if you're going to elect by the government and put republicans in the house and going to let one of the most liberal presidents since fdr and keep harry reid running the senate and this is what you're going to get and you know, it's hard to feel sorry for the american people on this issue when you put them back into the presidency barack obama, who ignored, ignored his own deficit panel on recommendations. on the other thing, as a tactical matter, the republicans punting, i think it's a smart thing. you know, i think if they're going to really go to battle on this thing, they've got to get their acts together and have a game plan. because i'm telling you-- >> get their ax-- >> and if we default, this country is going to go through some major, major issues, and government's going to stop working and that's going to affect a lot of people. and we have not been through, when two-thirds of the federal government has shut down. >> adam, adam, this is it, charlie put it it in a nutshell, the scare tactic, that we're obligated to this mountain of debt until it falls on top of us, if tha
government and president mohammed more seats. today's clashes marking the to dish your anniversary if -- joined by fox his middle east and terrorism expert and analysts. good to have you here. let's start with what is happening in egypt. give us a sense of -- this has been going on for some time. to what affect? >> well, look, this is a defining moment. what we see right now on the streets of egypt, two years after the first revolution, a second revolution. those who are organizing these demonstrations on the ground, as we see in the pictures, the same people who started the original arabs bring in cairo two years ago. so you have those young people, secular, liberal, women's movement minorities rising against the muslim brotherhood government regime. this is an important moment for the international committee to make a choice. we are doing is sending more weapons instead of more support to the use. lou: and what kind of support are those who are demonstrating in the streets of cairo and drought egypt today, what kind of support are they receiving from the international community,
Search Results 0 to 49 of about 99 (some duplicates have been removed)

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